Hotel developers keen to invest in Zambia – Daily Mail

FOURTEEN Global Brand Hotels have expressed interest in investing in Zambia, Minister of Tourism and Arts Jean Kapata has said.The interest is from four in Switzerland, two from the United States of America and eight from Dubai.
Ms Kapata said this desire to venture into Zambia was made during the just ended Africa Hotel Investment Forum (AHIF) held in Ethiopia from September 29 to October 1, 2014.
“Zambia marketed four sites for investment during the forum. In Livingstone two hotels were marketed; one five star and one three star. One in the Kafue National Park and another in the South Luangwa National Park,” she said.
This is according to a statement released by the Zambian Embassy in Addis Ababa.
Ms Kapata said that Government is targeting a Public Private Partnership through the National Pension Scheme Authority (NAPSA).
“NAPSA will put up the infrastructure and then partner with the top hotel brands. We will involve NAPSA because we want some of the profits to remain in Zambia. This will also create employment opportunities in the tourism sector by 2016,” she said.
And NAPSA Director-General Charles Mpundu said the organisation has the resources to partner with the global hotels.
Ms Kapata’s delegation to Addis Ababa included senior officers from the Zambia Tourism Board (ZTB), Zambia Wildlife Authority (ZAWA), NAPSA and Zambia Development Agency (ZDA).
The forum attracted more than 600 chief executives and hotel owners from across the world.
Zambia is hoping to get the rights to host the 2016 Africa Hotel Investment Forum.